Sweden

Capital: Stockholm; GDP growth (annual %) 2016: 3.2%;

  • Swedish government rocked by data scandal

    Sweden's right-wing opposition plans a no-confidence vote against the social-democratic government, next revelations that the Transport Agency outsourced IT services to IBM, leading to data such as driving licences or data on military vehicles and protected identities being handled by foreign staff with no clearance.

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  • Swedish PM fights for survival amid IT scandal

    Sweden’s prime minister, Stefan Loefven, is under pressure to resign next it emerged that a government agency mishandled highly sensitive classified data.

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  • Riksbank Unlikley To Follow Ultra Loose Policy Amid Rising Core Inflation

    Sweden's central bank is unlikely to continue its ultra-loose policy in the coming months of this year, as rising underlying inflation points to further krona strength, Stephen Brown, an economist at Capital Economics, said.

    Data released before this week showed that consumer price inflation held steady at 1.7 % in May, just above Riksbank's forecasts for a slowdown to 1.6 %.

    However, the CPIF inflation excluding energy, the measure that the Riksbank has recently placed most significance on at the same time as discussing trends in underlying inflation, increased from May's 1.6 % to 1.9 % in June.

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Key Facts

Full name: Kingdom of Sweden
Population: 9.4 million (UN, 2011)
Area: 449,964 sq km (173,732 sq miles)
Major language: Swedish
Major religion: Christianity
Life expectancy: 80 years (men), 84 years (women) (UN)
Monetary unit: 1 Swedish krona = 100 ore
Main exports: Machinery and transport equipment, paper products, chemicals
GNI per capita: US $53,230 (World Bank, 2011)
Internet domain: .se
International dialling code: +46

  • Climate change laws around the world

    2017/05/14

    There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.

    The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.

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  • Brexit negotiations should treat energy as ‘special case’

    2017/05/14

    There are strong practical reasons why the UK and EU should treat energy as a appropriate case during Brexit negotiations, argues a new statement.

    The statement, jointly authored by Chatham Home, the University of Exeter and the UK Energy Research Centre (UKERC), says finding common ground on energy during the Brexit negotiations would benefit both the UK and remaining EU27, while compromise may be relatively easier to achieve than for other areas.

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  • Outlook for 2014-18

    2013/11/03

    The country (Sweden) is situated in Northern Europe, bordering the Baltic Sea, Gulf of Bothnia, Kattegat, and Skagerrak, between Finland and Norway. It has borders with Aland Islands for 614km, Finland for 614km and Norway for 1619km.
    Land in Sweden is mostly flat or gently rolling lowlands; mountains in west. Swedish land covers an area of 449964 km²

    The climate is temperate in south with cold, cloudy winters and cool, half cloudy summers; subarctic in north.
    Swede(s) speak Swedish, small Sami- and Finnish-speaking minorities. 

    Overview

    We believe that the government coalition will hold together until the next election, in September 2014, at the same time as it will face a strong challenge from the opposition bloc. The majority likely options for the next government from 2014 are an extra minority government of the centre-left or centre-right, or a grand coalition of the Moderate Party with the SAP (Social Democratic Party).

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